by Wendy Chamberlain | Jun 5, 2019 | Buying a Home
As many first home buyers struggle trying to get into the housing market, a new government scheme has been announced in the hopes of helping them take the first step on the property ladder. The First Home Loan Deposit Scheme will lower the required home deposit from...
by Wendy Chamberlain | Jun 4, 2019 | Buying a Home
The Reserve Bank has cut its official interest rate from 1.5% to a historic low of 1.25%. This was a widely expected result and is the first change in the RBA’s policy setting since August 2016. The RBA governor Philip Lowe suggested an upcoming rate cut in last...
by Wendy Chamberlain | May 30, 2019 | Buying a Home
It really does feel like the real estate market has given a collective sigh of relief, with the coalition retaining power. Irrespective of your political views, the uncertainly surrounding the impact of Labor’s policies on negative gearing and capital gains tax...
by Wendy Chamberlain | May 28, 2019 | Buying a Home
With many confident the RBA will be cutting interest rates at the upcoming June meeting, Australia’s banking regulator APRA (Australian Prudential Regulation Authority) has announced a proposal to scrap a rule requiring mortgage customers’ lending capacity...
by Wendy Chamberlain | May 21, 2019 | Auctions
Melbourne’s auction market recorded an improved clearance rate of 63 percent on Saturday, up from the previous weekend’s 57 percent. Multimillion-dollar sales were noted in several capital cities over the weekend including Melbourne, Sydney and Brisbane....
by Wendy Chamberlain | May 17, 2019 | Suburb Profile
Buying a property in Kensington can be a daunting and difficult process. For many of us, it is something we only do a few times in our lives. A buyers advocate (also known as a buyers agent or property finder) can be an enormous help to make it easy to buy a home or...
by Wendy Chamberlain | May 15, 2019 | Buying a Home
Purplebricks is to exit Australia after 2.5 years. I don’t think too many in the real estate industry are going to be surprised by this news. It just goes to show the importance of understanding your market and target audience, which is where I think...
by Wendy Chamberlain | May 15, 2019 | Auctions
Melbourne’s auction market recorded a 57 percent clearance rate on Saturday, down from 61 percent the previous weekend. The number of scheduled auctions also dropped to 489 from while the number of reported auctions was 326. The number of properties sold was...
by Wendy Chamberlain | May 7, 2019 | Buying a Home
Despite much anticipation the RBA has decided they will keep rates on hold for another month, announced less than a fortnight out from the federal election. A record low cash rate of 1.5% has now been held since August 2016, although money market traders do not expect...
by Wendy Chamberlain | May 7, 2019 | Suburb Profile
Buying a property in Flemington can be a daunting and difficult process. For many of us, it is something we only do a few times in our lives. A buyers advocate (also known as a buyers agent or property finder) can be an enormous help to make it easy to buy a home or...
